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Stock Down 60%, Napster (NAPS) Rewards CEO Chris Gorog For A Job Well Done

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2008-05-16 14:26:00 by Peter Kafka in Silicon Alley Insider
...Napster (NAPS) shares were worth more than $4. Now they're trading below $1.5, down more than 60%. We can think of several companies where that performance would get you fired. But Napster has re-signed CEO Chris Gorog, keeping him at the same $625,000 salary he made last year (we won't know the size of his total comp package until we see the...
 
 
 
 
 
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DRM-Free Store? Who Cares? Napster Still Screwed (NAPS)

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2008-05-20 13:31:00 by Peter Kafka in Silicon Alley Insider
...Napster is now selling 6 million DRM-free tracks for 99 cents each. What's it like if you try to buy one? Glenn "Coolfer" Peoples visits the Napster store, and doesn't seem likely to come back First impressions are important, and the web version of the store -- which is available to non-subscribers -- did not make a good first impression...
 
 
 
 
 
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Napster Shareholders' Plan To Save Company: Put Themselves On The Board (NAPS)

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2008-05-21 18:36:00 by Peter Kafka in Silicon Alley Insider
Napster is in a tough spot: Still losing money, unable to get any traction for its core subscription service, hoping against hope that selling DRM-free downloads will somehow give it a lift Perry Rod think he has the solution: Put him and two of his buddies on the Napster board. Who is Perry, and who are his fellow board nominees? From the SEC...
 
 
 
 
 
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DRM-Free Music: Too Little, Too Late

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2008-05-27 09:56:00 by Peter Kafka in Silicon Alley Insider
...Napster (NAPS) and Rhapsody (NAPS), all of whom are attempting (or will be shortly) to distinguish themselves from Apple by selling only DRM-free music. And that's bad news for the big music labels, which would love to have a real competitor to Apple, but who are instead stuck working with whatever conditions Steve Jobs wants. And dropping...
 
 
 
 
 
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Sold! Best Buy Swallows Napster For $121 Million (BBY)

2008-09-15 09:02:00 by Peter Kafka in Silicon Alley Insider
 
...Napster (NAPS), after all. He's selling the company to Best Buy (BBY) for $121 million. That's $2.65 per share, which works out to be $54 million net of cash The good news for Napster shareholders is that Best Buy is paying twice Friday's closing price. The bad news, for anyone who's held the stock for any length of time: A year ago NAPS was...
 
 
 
 
 
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TastyPlanner.com - Yummy Meals Everyday

2008-02-17 02:36:00 by Lani in KillerStartups.com - all
 
...naps as you choose. Shopping lists can be printed out or tote them around on your iPhone. Your recipes are welcome toojust make sure theyre yours and not the sue-happy neighbor across the street In their own words Tasty Planner can help you create your grocery lists by automatically generating them from the recipes you've chosen. We've gone...
 
 
 
 
 
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No One Likes The Music Labels. Who Cares?

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2008-04-21 16:52:00 by Peter Kafka in Silicon Alley Insider
...Napster alternatives were PressPlay and MusicNet, a couple of lousy, label-owned "music services But now you can get just about anything you want -- legally -- at any price point you'd like: RealNetworks (RNWK) and Napster (NAPS) will let you download as much music as you want for about $13 a month; Apple (AAPL) and Amazon (AMZN) will sell...
 
 
 
 
 
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This Week In Silicon Alley (May 19-23)

2008-05-19 11:30:00 by Richard McRoskey in Silicon Alley Insider
 
...Napster (NAPS) earnings call , 5:00 p.m NYC Metro BIM (Building Information Modeling) Meeting : Kicking it Off, 5:30 p.m Entrepreneur's Budgeting Crash Course Workshop , 6:30-7:45 p.m NY Ruby May Meetup , 7:00 p.m Thursday, May 22 IT Architect Regional Conference (through Friday 2008 China Growth Conference Security Forum : Emerging...
 
 
 
 
 
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The iPhone's AOL Radio: Bad News For Sirius-XM, Good News For The Music Biz

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2008-06-15 15:19:00 by Dan Frommer